GBPJPY: Bearish Outlook Explained 🇬🇧🇯🇵

٢٤ يناير ٢٠٢٣

GBPJPY reached a key level.
We see a strong rejection from the underlined yellow area on 4H:
the price broke a support line of a rising wedge pattern and formed a double top on 1H time frame.

I expect a bearish move to 160.9 / 160.5

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